short sale credit check and investor help

I’ve read that assigning a short sale contract is not allowed.

Assuming I have a deal and want to bring an investor in (i have no money, credit or bank account) then how would I successfully get the help of an investor for my short sale?

Also, will the lender, in a short sale, check your credit? I have terrible credit.

Jordan Alexandre Roc


Your going to have to have prequalification letter or proof of funds from a lender before they accept your short-sale offer. If the deal is a good one, you can look to a hardmoney lender for funds or find a partner who will put up the funds and split the profits 50/50.